Regulators & Stakeholders
Major regulators and stakeholders facilitate the vibrant development of the Hong Kong Fintech ecosystem.
InvestHK - Fintech Team
InvestHK’s vision is to strengthen Hong Kong’s status as the leading international business location in Asia. Our mission is to attract and retain foreign direct investment which is of strategic importance to the economic development of Hong Kong. It has a dedicated Fintech team in Hong Kong with correspondents located in London, San Francisco and Guangdong-Hong Kong-Macao Greater Bay Area (GBA). It aims at attracting worldwide innovative Fintech enterprises, start-ups, entrepreneurs, investors and other stakeholders to expand and scale their business via Hong Kong to the Mainland China, Asia and beyond.
We offer free advice and services to support companies from the planning stage right through to the launch and expansion of their business. Get in touch with us.
InvestHK - StartmeupHK Team
StartmeupHK is an initiative by InvestHK aimed at helping founders of innovative and scalable startups from overseas to set up or expand in Hong Kong. Our services include providing information about the startup ecosystem here in Hong Kong, connecting people to the startup community, hosting startup events and helping to foster a positive environment for startups to thrive.
Hong Kong Monetary Authority
The Hong Kong Monetary Authority (HKMA) puts great efforts in striking a right balance between retaining appropriate flexibility for innovations and ensuring that customer interests are properly safeguarded during the course of fintech development. The Fintech Facilitation Office, established by the HKMA in 2016, facilitates the healthy development of the Fintech ecosystem in Hong Kong and promotes Hong Kong as a Fintech hub in Asia.
Securities and Futures Commission
The Securities and Futures Commission (SFC) has established the Fintech Contact Point to enhance communication with businesses involved in the development and application of Fintech which intend to conduct regulated activities in Hong Kong. Under the Securities and Futures Ordinance, no person shall carry on a business in a regulated activity without a licence granted by the SFC. The purpose of the Fintech Contact Point is to facilitate the Fintech community's understanding of the current regulatory regime, and to enable the SFC to stay abreast of the development of Fintech in Hong Kong.
The Insurance Authority (IA) has established the Insurtech Facilitation Team to enhance the communication with business involved in the development and application of Insurtech in Hong Kong, as well as to promote Hong Kong as an Insurtech hub in Asia. The Team aims at facilitating the Insurtech community's understanding of the current regulatory regime, act as a platform for exchanging ideas of innovative Insurtech initiatives among key stakeholders, and provide advice on Insurtech-related topics as appropriate.
Hong Kong Exchange and Clearing
Hong Kong Exchange and Clearing (HKEX) Group is a leading financial market operator in the world. In the financial hub of Hong Kong and an additional base in London, HKEX provides world-class facilities for trading and clearing securities and derivatives in Equities, Commodities, Fixed Income and Currency.
Uniquely positioned at the intersection of Chinese and international capital flows, Hong Kong has long been Connecting Mainland China with the World. With the accelerated opening-up of Mainland China’s capital markets, HKEX continues to be a pioneer at the forefront of this historic transition, looking to reshape the Global Market Landscape.
Hong Kong Science and Technology Parks Corporation
Hong Kong Science and Technology Parks Corporation (HKSTP) takes an R&D and technology-centric approach fostering Fintech development. Fintech companies are able to:
- Build and test their Proof-of-Concept (PoC) at HKSTP's sandbox and lab which HKSTP hosts in partnership with HKMA and ASTRI.
- Enter an open and collaborative ecosystem where they can create synergy with other Fintech players
- Explore new frontiers with HKSTP's exclusive banking data.
- Break fresh ground through HKSTP's strategic alliance with leaders in banking, insurance and financial institutions.
Join HKSTP in transforming Hong Kong from an established financial centre to the next Fintech hub.
Hong Kong Applied Science and Technology Research Institute
Hong Kong Applied Science and Technology Research Institute (ASTRI) works to deliver innovative technologies with applications in the financing sector – ASTRI Fintech teams develop solutions that leverage Blockchain technology, strengthen cybersecurity, make sense of big data, and provide valuable proofs-of-concept that benefit the entire financial industry. As one of Hong Kong’s strongest Fintech R&D groups, ASTRI is committed to helping drive the sector’s growth into a new era and help contributing to the development of Hong Kong as an international financial hub.
Hong Kong Productivity Council
The Hong Kong Productivity Council (HKPC) is a multi-disciplinary organisation established by statute in 1967, to promote productivity excellence through integrated advanced technologies and innovative service offerings to support Hong Kong enterprises. HKPC is a trusted partner with comprehensive innovative solutions for Hong Kong industries and enterprises, enabling them to achieve resources and productivity utilisation, effectiveness and cost reduction, and enhanced competitiveness in both local and international marketplace. It offers SMEs and startups immediate and timely assistance in coping with the ever-changing business environment, accompanying them on their innovation and transformation journey.
FinTech Association of Hong Kong
The Fintech Association of Hong Kong (FTAHK) is led by a volunteer group of board members and committee co-chairs who care about the future of Fintech in Hong Kong, Greater Mainland China and Asia. FTAHK is not-for-profit and have an independent structure, based on pillars of transparency, accountability and governance.
Members range from promising startups and passionate individuals to global financial institutional service providers. FTAHK also works closely with government and regulators to advocate for global standards in the Fintech ecosystem.
WHub, Hong Kong’s biggest startup community and power connector, is a platform showcasing startups to accelerate their business through meaningful connections to the resources they need to grow. This consists of connecting startups with other startups, accelerators and incubators, universities, government and investors. WHub also creates bridges and leverages multiple partners in other ecosystems to help startups connect and scale beyond their home countries and region.